Caitríona Redmond: Is your membership worth it? — how to be subscription savvy and save money

Value for money or a stealthy drain on your finances, you decide.

Caitríona Redmond: From gym and cinema memberships, and even a newspaper subscription, many businesses rely on payments made on recurring basis.

From gym and cinema memberships, and even a newspaper subscription, many businesses rely on payments made on recurring basis, but how can you tell if they offer value for money or stealthily drain your bank account?

For the business, a subscription model can improve cash flow on a monthly or annual basis, it’s a chance to connect with their customers regularly, and build brand loyalty.